Published: 2025-11-05T01:11:04.000Z
USD/JPY flows: JPY benefits from risk aversion
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BoJ Sept minutes says current real interest rates are very low, will hike if data indicates
While BoJ's meeting minutes look supportive for the JPY, the real trigger lies in broad based risk aversion for JPY gains. Major equity indexes continue to sink with the Nikkei down more than 3%. Both U.S. Treasury and JGB yields are all lower across the curve.
USD/JPY is trading 0.33% lower at 153.16.